The table below looks at the prevalence of the term Market Risk in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Market Risk over the 3 months to 28 June 2017 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Market Risk
England / London
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank 251 317 256
Rank change year-on-year +66 -61  
Contract jobs citing Market Risk 179 117 185
As % of all contract IT jobs advertised in London 0.86% 0.54% 0.80%
As % of the Miscellaneous category 2.24% 1.44% 2.18%
Number of daily rates quoted 129 90 158
Median daily rate £588 £625 £600
Median daily rate % change year-on-year -6.00% +4.16%  
90% offered a daily rate of more than £398 £500 £418
10% offered a daily rate of more than £702 £750 £675
UK excluding London median daily rate £419 £500 £538
% change year-on-year -16.25% -6.97%  
Number of hourly rates quoted 0 2 0
Median hourly rate - £65.00 -
UK excluding London median hourly rate - - -

Market Risk is in the generic IT skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for generic IT skills.

Generic IT Skills
London
Contract job vacancies with a requirement for generic IT skills 7987 8107 8470
As % of all contract IT job vacancies advertised in London 38.47% 37.35% 36.78%
Number of daily rates quoted 5703 5862 5997
Median daily rate £520 £475 £475
Median daily rate % change year-on-year +9.47% -  
90% offered a daily rate of more than £325 £300 £275
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 105 105 140
Median hourly rate £21.40 £20.26 £20.00
Median hourly rate % change year-on-year +5.62% +1.30%  
90% offered a hourly rate of more than £13.43 £12.50 £14.18
10% offered a hourly rate of more than £50.00 £50.00 £52.35
UK excluding London median hourly rate £25.00 £23.00 £18.88
% change year-on-year +8.69% +21.82%  

Market Risk
Job Vacancy Trend in London

The job posting trend of jobs advertised in London citing Market Risk as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

Job vacancy trend for Market Risk in London

Market Risk
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Market Risk in London.

Contractor daily rate trend for Market Risk in London

Market Risk
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Market Risk in London over the 3 months to 28 June 2017.

Contractor daily rate histogram for Market Risk in London

Market Risk
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Market Risk in London.

Contractor hourly rate trend for Market Risk in London

Market Risk
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Market Risk within the London region over the 3 months to 28 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +1 21 £588 -12.96% 3
Docklands, London - 7 £600 -
Canary Wharf +5 3 £575 +64.28%
Bromley - 1 - -
Market Risk
England

For the 6 months to 28 June 2017, IT contractor jobs citing Market Risk also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for Market Risk.

1 175 (56.82%) Finance
2 146 (47.40%) Banking
3 110 (35.71%) Java
4 100 (32.47%) Risk Management
5 98 (31.82%) SQL
6 93 (30.19%) Investment Banking
7 87 (28.25%) Credit Risk
8 86 (27.92%) Front Office
9 67 (21.75%) Agile Software Development
10 66 (21.43%) C#
11 58 (18.83%) C++
12 54 (17.53%) Big Data
13 53 (17.21%) Mathematics
14 45 (14.61%) Python
14 45 (14.61%) Analytics
15 44 (14.29%) Hadoop
16 41 (13.31%) Stress Testing
16 41 (13.31%) VBA
17 39 (12.66%) SQL Server
17 39 (12.66%) Derivative
18 38 (12.34%) Analytical Skills
19 37 (12.01%) Oracle
20 33 (10.71%) Foreign Exchange (FX)
21 32 (10.39%) Microsoft
21 32 (10.39%) Business Analysis
21 32 (10.39%) JIRA
22 31 (10.06%) Computer Science
22 31 (10.06%) .NET
23 30 (9.74%) Scala
24 29 (9.42%) Linux

Market Risk
Co-occurring IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 20 (6.49%) Apache Spark
2 11 (3.57%) Oracle Coherence
3 9 (2.92%) Apache Pig
4 8 (2.60%) Cloud Foundry
5 4 (1.30%) DataSynapse
6 3 (0.97%) Apache
6 3 (0.97%) Tomcat
7 2 (0.65%) GemFire
8 1 (0.32%) JBoss
8 1 (0.32%) Oracle SOA Suite
8 1 (0.32%) SAS
8 1 (0.32%) SharePoint
8 1 (0.32%) WebLogic
Applications
1 26 (8.44%) Microsoft Excel
2 22 (7.14%) Microsoft Office
3 4 (1.30%) Microsoft PowerPoint
3 4 (1.30%) MS Visio
4 1 (0.32%) Microsoft Project
4 1 (0.32%) Spreadsheet
Business Applications
1 2 (0.65%) Sylvan
2 1 (0.32%) SAP CO
2 1 (0.32%) SAP FI
2 1 (0.32%) SAP FI/CO
2 1 (0.32%) Summit
2 1 (0.32%) SunGard APT
Cloud Services
1 10 (3.25%) Microsoft Azure
2 9 (2.92%) Amazon AWS
3 8 (2.60%) Cloud Computing
4 1 (0.32%) Google Cloud Platform
Communications & Networking
1 3 (0.97%) Internet
Database & Business Intelligence
1 54 (17.53%) Big Data
2 44 (14.29%) Hadoop
3 39 (12.66%) SQL Server
4 24 (7.79%) Relational Database
5 16 (5.19%) Oracle Database
6 12 (3.90%) HBase
6 12 (3.90%) SQL Server Analysis Services
7 10 (3.25%) NoSQL
8 9 (2.92%) Data Mining
9 8 (2.60%) Hazelcast
9 8 (2.60%) MongoDB
9 8 (2.60%) MySQL
10 6 (1.95%) Data Warehouse
10 6 (1.95%) SQL Server Integration Services
11 4 (1.30%) Data Mart
11 4 (1.30%) SQL Server Reporting Services
12 3 (0.97%) MS Access
13 2 (0.65%) BusinessObjects
13 2 (0.65%) QlikView
13 2 (0.65%) RDBMS
Development Applications
1 32 (10.39%) JIRA
2 14 (4.55%) Jenkins
2 14 (4.55%) Subversion
2 14 (4.55%) Team Foundation Server
3 9 (2.92%) Visual Studio
4 7 (2.27%) Git (software)
5 5 (1.62%) Maven
5 5 (1.62%) SpecFlow
6 3 (0.97%) Cucumber
6 3 (0.97%) FitNesse
6 3 (0.97%) JSUnit
6 3 (0.97%) JUnit
6 3 (0.97%) Mocha
6 3 (0.97%) PHPUnit
7 2 (0.65%) Ant
7 2 (0.65%) Atlassian Bamboo
7 2 (0.65%) ClearCase
7 2 (0.65%) NUnit
7 2 (0.65%) webpack
8 1 (0.32%) Jasmine
General
1 175 (56.82%) Finance
2 146 (47.40%) Banking
3 93 (30.19%) Investment Banking
4 86 (27.92%) Front Office
5 24 (7.79%) Back Office
6 20 (6.49%) Financial Institution
7 4 (1.30%) French Language
7 4 (1.30%) Retail
8 3 (0.97%) Legal
9 1 (0.32%) Advertising
9 1 (0.32%) Corporate Banking
9 1 (0.32%) Japanese Language
9 1 (0.32%) Retail Banking
Job Titles
1 145 (47.08%) Developer
2 93 (30.19%) Analyst
3 62 (20.13%) Risk Analyst
4 52 (16.88%) Java Developer
5 51 (16.56%) Business Analyst
6 45 (14.61%) Market Risk Analyst
7 40 (12.99%) Risk Business Analyst
8 31 (10.06%) Architect
8 31 (10.06%) Quantitative Developer
9 28 (9.09%) Market Risk Business Analyst
10 26 (8.44%) C++ Developer
11 22 (7.14%) Senior Developer
12 21 (6.82%) C# Developer
13 20 (6.49%) Market Risk Developer
14 19 (6.17%) Solutions Architect
15 18 (5.84%) Front Office Developer
15 18 (5.84%) IT Analyst
15 18 (5.84%) IT Risk Analyst
15 18 (5.84%) Python Developer
16 16 (5.19%) IT Business Analyst
Libraries, Frameworks & Software Standards
1 31 (10.06%) .NET
2 19 (6.17%) HTML
3 18 (5.84%) Web Services
4 16 (5.19%) WCF
5 14 (4.55%) AngularJS
6 13 (4.22%) CSS
7 12 (3.90%) Spring
7 12 (3.90%) WPF
8 10 (3.25%) HTML5
9 9 (2.92%) REST
10 8 (2.60%) Kafka
10 8 (2.60%) Node.js
10 8 (2.60%) XML-RPC
11 5 (1.62%) CSS3
11 5 (1.62%) J2EE
11 5 (1.62%) LINQ
11 5 (1.62%) React
11 5 (1.62%) STL
11 5 (1.62%) WF
12 4 (1.30%) ASP.NET
Miscellaneous
1 87 (28.25%) Credit Risk
2 39 (12.66%) Derivative
3 38 (12.34%) Analytical Skills
4 33 (10.71%) Foreign Exchange (FX)
5 31 (10.06%) Computer Science
6 20 (6.49%) Fixed Income
7 18 (5.84%) Equities
8 10 (3.25%) Algorithms
8 10 (3.25%) Data Structures
9 8 (2.60%) Fintech
10 7 (2.27%) Hedge funds
11 6 (1.95%) Grid Computing
11 6 (1.95%) User Experience
11 6 (1.95%) Virtual Team
12 5 (1.62%) Enterprise Software
12 5 (1.62%) Greenfield Project
12 5 (1.62%) Management Information System
13 4 (1.30%) Credit Derivative
14 2 (0.65%) Equity Derivative
14 2 (0.65%) Interest Rate Derivative
Operating Systems
1 29 (9.42%) Linux
2 28 (9.09%) Unix
3 19 (6.17%) Windows
Processes & Methodologies
1 100 (32.47%) Risk Management
2 67 (21.75%) Agile Software Development
3 53 (17.21%) Mathematics
4 45 (14.61%) Analytics
5 41 (13.31%) Stress Testing
6 32 (10.39%) Business Analysis
7 29 (9.42%) TDD
8 27 (8.77%) Data Analysis
9 26 (8.44%) Business Intelligence
9 26 (8.44%) Multithreading
10 25 (8.12%) Scrum
11 22 (7.14%) Continuous Integration
11 22 (7.14%) PnL Attribution
12 21 (6.82%) Machine Learning
13 20 (6.49%) Data Modelling
14 19 (6.17%) Validation
15 18 (5.84%) SDLC
16 16 (5.19%) Stakeholder Management
17 14 (4.55%) Asset Management
18 13 (4.22%) OO
Programming Languages
1 110 (35.71%) Java
2 98 (31.82%) SQL
3 66 (21.43%) C#
4 58 (18.83%) C++
5 45 (14.61%) Python
6 41 (13.31%) VBA
7 30 (9.74%) Scala
8 18 (5.84%) JavaScript
8 18 (5.84%) R
9 13 (4.22%) PowerShell
10 10 (3.25%) Korn
11 7 (2.27%) T-SQL
12 6 (1.95%) PL/SQL
12 6 (1.95%) Shell Script
13 5 (1.62%) C
14 4 (1.30%) ES6
14 4 (1.30%) Perl
15 3 (0.97%) MATLAB
16 1 (0.32%) APL
16 1 (0.32%) TypeScript
Qualifications
1 26 (8.44%) Degree
2 13 (4.22%) PhD
3 10 (3.25%) Numerate Degree
4 8 (2.60%) Computer Science Degree
5 3 (0.97%) CFA
5 3 (0.97%) Master's Degree
6 1 (0.32%) A+ Certification
6 1 (0.32%) PMI Certification
Quality Assurance & Compliance
1 17 (5.52%) Data Quality
2 13 (4.22%) Dodd-Frank
3 10 (3.25%) MiFID
4 4 (1.30%) COREP
5 3 (0.97%) Basel II
5 3 (0.97%) QA
6 2 (0.65%) Basel III
6 2 (0.65%) Solvency II
7 1 (0.32%) CRD IV
7 1 (0.32%) EMIR
7 1 (0.32%) FATCA
7 1 (0.32%) SLA
System Software
1 6 (1.95%) Docker
2 3 (0.97%) HDFS
Systems Management
1 7 (2.27%) Control-M
2 5 (1.62%) Dollar Universe
3 2 (0.65%) BladeLogic
4 1 (0.32%) HP Quality Center
4 1 (0.32%) Puppet
Vendors
1 37 (12.01%) Oracle
2 32 (10.39%) Microsoft
3 17 (5.52%) Murex
4 16 (5.19%) Sybase
5 10 (3.25%) Calypso
6 9 (2.92%) Cloudera
7 8 (2.60%) Sophis
8 4 (1.30%) SAP
9 3 (0.97%) Remedy
10 2 (0.65%) Algorithmics
10 2 (0.65%) Atlassian
10 2 (0.65%) BISAM
10 2 (0.65%) Bloomberg
10 2 (0.65%) FactSet
10 2 (0.65%) Perforce
10 2 (0.65%) StatPro
10 2 (0.65%) TIBCO
10 2 (0.65%) Vertica
10 2 (0.65%) Wallstreet Suite
11 1 (0.32%) Reuters
London
McGregor Boyall
Rate: £600 - £750 per day
Posted: 5 days ago
London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 6 days ago
City, London
Haysfm
Rate: £550.00 - £650.00 per day
Posted: 5 days ago
London
Hays London City Cheapside
Rate: £500.00 - £610.00 per day
Posted: 5 days ago
City, London
McGregor Boyall
Rate: £500 - £700 per annum
Posted: 6 days ago
London
HFG
Rate: £500 - £800 per annum
Posted: 5 days ago